VVS FAG AS

5382 SKOGSVÅG

Finances

Return on Equity

13,07 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 837 000	14 181 000	10 134 000	11 557 000
Net Income	104 000	142 000	−427 000	613 000
Total Assets	4 436 000	4 742 000	2 282 000	2 982 000
Total Equity	796 000	692 000	550 000	978 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 837 000	14 181 000	10 134 000	11 557 000
Expenditure	16 743 000	14 047 000	10 566 000	10 936 000
Operating Profit	94 000	133 000	−432 000	620 000
Financial Income	16 000	17 000	15 000	15 000
Financial Costs	6 000	8 000	11 000	23 000
Financial Balance	10 000	9 000	4 000	−8 000
Earnings Before Tax	104 000	142 000	−427 000	613 000
Tax	0	0	0	0
Net Income	104 000	142 000	−427 000	613 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	97 000	127 000	96 000
Total Current Assets	4 324 000	4 645 000	2 155 000	2 886 000
Total Assets	4 436 000	4 742 000	2 282 000	2 982 000
Total Retained Equity	696 000	592 000	450 000	878 000
Total Equity	796 000	692 000	550 000	978 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 640 000	4 049 000	1 732 000	2 004 000
Total Equity and Debt	4 436 000	4 742 000	2 282 000	2 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 837 000	14 181 000	10 134 000	11 557 000
Other Income	0	0	0	0
Revenue	16 837 000	14 181 000	10 134 000	11 557 000
Cost of Goods Sold	9 991 000	6 750 000	4 464 000	5 333 000
Salary Costs	5 117 000	5 798 000	4 734 000	4 446 000
Depreciation	26 000	30 000	30 000	25 000
Impairment	0	0	0	0
Expenditure	16 743 000	14 047 000	10 566 000	10 936 000
Operating Profit	94 000	133 000	−432 000	620 000
Financial Income	16 000	17 000	15 000	15 000
Financial Costs	6 000	8 000	11 000	23 000
Financial Balance	10 000	9 000	4 000	−8 000
Dividends	0	0	0	0
Net Income	104 000	142 000	−427 000	613 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	77 000	107 000	76 000
Total Tangible Assets	93 000	77 000	107 000	76 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	113 000	97 000	127 000	96 000
Stock	77 000	77 000	67 000	75 000
Total Investments	0	0	0	0
Cash, Bank	763 000	349 000	155 000	299 000
Total Current Assets	4 324 000	4 645 000	2 155 000	2 886 000
Total Assets	4 436 000	4 742 000	2 282 000	2 982 000
Total Equity	796 000	692 000	550 000	978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 105 000	2 453 000	508 000	617 000
Unpaid Taxes	840 000	907 000	649 000	754 000
Dividends	0	0	0	0
Other Current Debt	694 000	689 000	519 000	633 000
Total Current Debt	3 640 000	4 049 000	1 732 000	2 004 000
Total Equity and Debt	4 436 000	4 742 000	2 282 000	2 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,07 %	20,52 %	−77,64 %	62,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,56 %	0,94 %	−4,26 %	5,36 %
Current Ratio	1,19	1,15	1,24	1,44
Quick Ratio	1,21	1,17	1,29	1,5
Equity Ratio	0,18	0,15	0,24	0,33
Gross Profit Margin	40,66 %	52,4 %	55,95 %	53,85 %